Articles
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The Gold Standard, Explained
This explainer will outline what the gold standard was, how it operated, the benefits and criticisms surrounding it, and how its rise and eventual collapse shaped the global monetary system.
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Look West, America
The American Institute for Economic Research educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.
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Understanding Medicaid
This explainer will outline how Medicaid functions, the program’s costs, its influence on healthcare in the United States, and how the proposed policy changes in 2025 could reshape the program.
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Have Mount Laurel Obligations Made New Jersey Housing More Affordable? A Synthetic Control Analysis of Housing Supply and Cost
This paper investigates the effect of affordable housing obligations in New Jersey on cost of living, cost of housing, and actual housing production. New Jersey’s Mount Laurel court cases established […]
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Enabling Bad Behavior: The Federal Reserve’s Municipal Liquidity Facility in Retrospect
Executive Summary In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act greatly expanded government intervention in the economy. Among many hasty creations of March […]
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How Does the Federal Reserve Set Interest Rates?
Introduction People in financial markets and in the media regularly track Federal Reserve announcements and forecast what the Fed’s interest rate target will be in the future. But when people […]
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Regulatory Rollbacks Begin to Combat Cali’s Housing Crisis
California is home to numerous profitable industries, but many of the state’s residents struggle to survive under the weight of big government. Case in point: excessive regulations have suffocated the […]
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Hayek at the Hair Salon: Who Decides If a Business Is ‘Needed’?
The Institute for Justice has filed a new lawsuit in Clayton County, Georgia over a controversial decision by the county’s Board of Commissioners to deny permission for a hair salon […]
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Powell Pivots, Fed Cuts Rates as Jobs Market Weakens
The Federal Reserve lowered its federal funds rate target range by 25 basis points, to 4.00–4.25 percent, on Wednesday. Before the decision, it had held rates steady since December 2024. […]
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China’s Elite Are Disillusioned With America—But Can’t Quit It
In a stunning shift, China — longtime recipient of US economic and political aid, and one of the largest beneficiaries of the postwar liberal order that Washington led in building […]
